Recent share price retreat is within confines of a normal correction after a strong run. But the COVID-19 problem would have affected sentiment as well.
Assuming the coronavirus thing becomes a bit more serious, what's the implications for TPW business?
My thinking is that TPW will get bigger market share from the offline stores as people avoid close range contact and chose to do business online.
We will do well in the long run if people's behavior is altered by spread of the virus.
Implications from COVID-19
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Last
$11.70 |
Change
0.560(5.03%) |
Mkt cap ! $1.388B | |||
| Open | High | Low | Value | Volume |
| $11.25 | $11.79 | $11.25 | $2.047M | 175.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 629 | $11.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.80 | 971 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$11.77 |
Change
0.560 ( 5.80 %) |
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| Open | High | Low | Volume | ||
| $11.37 | $11.79 | $11.37 | 45617 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| TPW (ASX) Chart |